Monday, November 17, 2008

Rupert Murdoch rips media, blames them for own circulation problems

Interesting and perhaps some truth to what he is saying. That said, he conveniently forgot to address the collapse of News Corp stock, down over 66% from its 52 week high, plummeting profits, lowered outlook for the future, declining advertising revenue and management problems related to who will take over when he dies or retires.

Funny how a few little hiccups can be overlooked by the genius. Ahh, I'm sure he was about to address those issues but was called away for some sort of emergency. It's a mistake that could have happened to anyone.

blog comments powered by Disqus